Look at FMCG space: Dipan Mehta

Dipan Mehta - Member at BSE & NSE told CNBC-TV18, "Emami, Godrej Consumer Products, Bajaj and Dabur are benefiting from lower input cost as well as volume growth was pretty much stable for these companies. That is in an environment where consumer spending as not yet picked up so going forward when we do see improvement in consumer spending these companies should benefit even better."

"Across the board I think there has been a few winners in each and every sector given in capital goods, cement even tyre industry for that matter, textile so when you scan through the list of all the companies that have come out with results industry wise there are lot of companies which have beaten the trend and which have done far better than the peer group. There are few laggards as well but by and large this earning season has been quite satisfactory," he said.